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LAS + 130 SAS 120 tion Price level (GDP deflator, 2009 - 100 110 100 90 AD o 17.0 17.5 18.0 18.5 19.0 19.5 Real

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LAS + 130 SAS 120 tion Price level (GDP deflator, 2009 - 100 110 100 90 AD o 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP (trillions of 2009 dollars! The figure above illustrates aggregate demand and aggregate supply in Sparta. Which of the following events will decrease Sparta's real GDP in the short run? Select one: A a decrease in government expenditure O B. a fall in resource prices C. an increase in investment D. a decrease in taxes

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